# The Insolvency Rules 1986, Rule 5.41: Entitlement to vote


(1) Subject as follows, any creditor who is sent a notice by the official receiver is entitled to vote for the approval or rejection of the proposal.
(2) A creditor’s entitlement to vote is calculated by reference to the amount of the creditor’s debt at the date of the bankruptcy order.
(3) A creditor may vote in respect of a debt for an unliquidated amount or any debt whose value is not ascertained, and for the purposes of voting (but not otherwise) his debt shall be valued at £1 unless the official receiver agrees to put a higher value on it.

---
Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/5.41 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-5.41
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.